Hurley Capital LLC Makes New Investment in Dollar General Corporation $DG

Hurley Capital LLC bought a new position in shares of Dollar General Corporation (NYSE:DG) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 14,796 shares of the company’s stock, valued at approximately $1,964,000. Dollar General makes up about 1.1% of Hurley Capital LLC’s holdings, making the stock its 22nd biggest holding.

Several other hedge funds have also recently modified their holdings of the company. Parkside Financial Bank & Trust lifted its position in shares of Dollar General by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after buying an additional 69 shares in the last quarter. BOKF NA grew its position in Dollar General by 15.2% during the fourth quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after buying an additional 73 shares during the period. Strata Wealth Advisors LLC grew its position in Dollar General by 3.3% during the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock valued at $314,000 after buying an additional 75 shares during the period. Optimize Financial Inc grew its position in Dollar General by 1.4% during the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock valued at $737,000 after buying an additional 76 shares during the period. Finally, Tevis Investment Management grew its position in Dollar General by 0.5% during the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock valued at $1,721,000 after buying an additional 77 shares during the period. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. BNP Paribas Exane reduced their price target on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. HSBC reduced their price target on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, June 3rd. Daiwa Securities Group reduced their price target on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Citigroup reduced their price target on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group dropped their price objective on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Price Performance

NYSE DG opened at $116.39 on Tuesday. The company has a market cap of $25.67 billion, a PE ratio of 16.46, a price-to-earnings-growth ratio of 1.75 and a beta of 0.26. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The firm’s 50-day simple moving average is $113.11 and its two-hundred day simple moving average is $129.16.

Dollar General (NYSE:DG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. The business had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company’s revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is presently 33.38%.

Dollar General Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.